Arlington Asset Investment Corp reports results for the quarter ended in December - Earnings Summary

Arlington Asset Investment

03/03/2022 11:25

* Arlington Asset Investment Corp  AAIC.N  reported
quarterly
adjusted earnings of 2 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 7 cents per share.
    * Revenue fell 36.9% to $4.05 million from a year ago; 
analysts
expected $4.50 million. 
    * Arlington Asset Investment Corp's reported EPS for the
quarter
was 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 23.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Arlington Asset Investment Corp shares had fallen by 4.9%
this
quarter.
    * The company reported quarterly net income of $3.1 million.
    * Wall Street's median 12-month price target for Arlington
Asset
Investment Corp is $4.63 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 3 at 11:24 a.m.  ​All
figures in US dollars unless otherwise stated